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China Economics Trend Watching

Living in China: 2.54 billion journeys will be made during Spring Festival

China began its annual mass passenger transportation for the traditional Lunar New Year, with an expected 2.54 billion journeys in the coming 40 days […]

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China Consumer Behavior Economics Trend Watching

China, Technology and the Environment: Power consumption up in Shanghai, Zhejiang, Jiangsu and Guangdong

In the first half of June/2009, China’s average daily power generation capacity was 9.764 billion kilowatt-hours, down 0.17 percent year-on-year, according to statistics from the State Grid Corporation of China (SGCC). In May, the nation’s average daily power generation capacity dropped around 3.5 percent year-on-year […]

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China Economics

Architecture & Urban Planning in China: Shanghai infrastructure construction to accelerate

Shanghai will accelerate urban infrastructure construction with a total investment of 500 billion yuan (US$73.22 billion) through 2010. The massive capital injection was a way to boost internal demand and increase the chances of stable economic growth amid the global financial turmoil, the city’s construction and transport authority announced recently […]

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China

China in World’s Eyes: Great Wall, Kungfu, Chinese food

The large-scale report of ‘China in World’s Eyes’ was issued in Beijing recently. Foreigners from more than 20 countries around the world were surveyed in the report. When asked which can represent China best, most foreigners chose the Great Wall, Kung fu and Chinese food; and 21% of them considered the Great Wall as the best thing representing China. Influenced by Hollywood films, foreigners were greatly impressed by Kung Fu; many of them even thought most Chinese could play Kung Fu…

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China Trend Watching

Living in China: 60% of Chinese will live in cities in 20 years

Huang Wenqing grew up in a remote village in China’s Anhui province, where his family were pig farmers. Today he is a team manager in a car components factory in the suburbs of Beijing. Huang, 32, is part of a huge wave of rural workers streaming into China’s cities in search of better opportunities […]

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China

107 dead, $15.4 billion lost due to snow in China

The blizzards that struck southern China in the past month have killed at least 107 people and left eight missing, as of February 12/2007, reported a senior Chinese official recently. The disaster has also caused direct economic losses of about 111 billion yuan ($15.4 billion), Civil Affairs Minister Li Xueju said: 21 provincial-level areas had been affected, with Hunan, Guizhou, Jiangxi, Anhui, Hubei, Zhejiang and Sichuan provinces and the Guangxi Zhuang autonomous region the worst hit […]

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China Economics

Millions stranded by the snow in holiday havoc

Heavy white storms staged a comeback late yesterday as China’s transport network remained crippled by the heaviest snowfall in five decades. Millions of people trying to head home for the Spring Festival are stranded. The big freeze has killed dozens of people, impacted on the lives of at least 80 million others and caused economic losses estimated at more than 53.8 billion yuan (US$7.5 billion)…